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US Trade Deficit Drops to $40.6 Billion in October

WASHINGTON (AP) — The U.S. trade deficit fell in October, helped by a jump in overseas oil sales that lifted American exports to an all-time high.

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FILE: Money, Cash, Federal Reserve
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Slow Growth Likely in 9 Midwest, Plains States

OMAHA, Neb. (AP) — The temporary resolution of the budget stalemate in Washington D.C. has made business leaders more optimistic in nine Midwest and Plains states, but only modest economic growth is expected in the near future.

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FILE: Sioux Falls Fire Department
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Fire Truck Builder Adds Foreign Trade Zone

LYONS, S.D. (AP) — A Lyons fire truck manufacturer has received designation as a foreign trade zone.

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Cheese
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Construction Nearly Done on Brookings Cheese Plant

BROOKINGS, S.D. (AP) — Construction is finishing up on a new cheese plant in Brookings.

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Men's Wearhouse
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Men’s Wearhouse Makes $1.54B Bid for Jos. A. Bank

NEW YORK (AP) — Men's Wearhouse is turning the tables on its recent pursuer, offering to buy Jos. A. Bank for approximately $1.54 billion.

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FILE: House for Sale, Home for Sale, Home Sale
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Home Prices Rose at Slower Pace in September

WASHINGTON (AP) — U.S. home prices rose more slowly in September than in August, a sign that weaker sales are preventing the kinds of sharp price gains that occurred earlier this year.

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Barnes & Noble
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Barnes & Noble Swings to 2Q Profit

NEW YORK (AP) — Barnes & Noble reported a profit in the second quarter as it invested less in its Nook e-book reader and cost cuts offset lower sales.

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Job Fair Held In Midtown Manhattan
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Unemployment Benefit Applications Drop to 323K

WASHINGTON (AP) — The number of people applying for U.S. unemployment benefits fell 21,000 to a seasonally adjusted 323,000 last week, the lowest since late September and further evidence of an improving job market.

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FILE: Cashier
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Wholesale Prices Dip for 2nd Month on Cheap Gas

WASHINGTON (AP) — U.S. wholesale prices fell in October for the second straight month, driven down again by cheaper gasoline costs.

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Expert: Shutdown Hurt Midwest Business Conditions

OMAHA, Neb. (AP) — A business conditions index for nine Midwest and Plains states has dropped after rising the previous two months.

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